Boyd Gaming Corporation (BYD)
NYSE: BYD · IEX Real-Time Price · USD
63.60
+0.36 (0.57%)
At close: Apr 23, 2024, 4:00 PM
62.91
-0.69 (-1.08%)
Pre-market: Apr 24, 2024, 7:29 AM EDT

Boyd Gaming Statistics

Total Valuation

Boyd Gaming has a market cap or net worth of $6.11 billion. The enterprise value is $9.43 billion.

Market Cap 6.11B
Enterprise Value 9.43B

Important Dates

The next confirmed earnings date is Thursday, April 25, 2024, after market close.

Earnings Date Apr 25, 2024
Ex-Dividend Date Mar 14, 2024

Share Statistics

Boyd Gaming has 96.05 million shares outstanding. The number of shares has decreased by -7.00% in one year.

Shares Outstanding 96.05M
Shares Change (YoY) -7.00%
Shares Change (QoQ) -1.90%
Owned by Insiders (%) 28.21%
Owned by Institutions (%) 69.22%
Float 67.16M

Valuation Ratios

The trailing PE ratio is 10.39 and the forward PE ratio is 10.33. Boyd Gaming's PEG ratio is 0.85.

PE Ratio 10.39
Forward PE 10.33
PS Ratio 1.63
Forward PS 1.61
PB Ratio 3.50
P/FCF Ratio 11.30
PEG Ratio 0.85
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 7.48, with an EV/FCF ratio of 17.44.

EV / Earnings 15.21
EV / Sales 2.52
EV / EBITDA 7.48
EV / EBIT 10.20
EV / FCF 17.44

Financial Position

The company has a current ratio of 0.89, with a Debt / Equity ratio of 2.08.

Current Ratio 0.89
Quick Ratio 0.75
Debt / Equity 2.08
Debt / EBITDA 2.88
Debt / FCF 6.71
Interest Coverage 5.40

Financial Efficiency

Return on equity (ROE) is 35.80% and return on invested capital (ROIC) is 13.83%.

Return on Equity (ROE) 35.80%
Return on Assets (ROA) 9.80%
Return on Capital (ROIC) 13.83%
Revenue Per Employee $231,787
Profits Per Employee $38,442
Employee Count 16,129
Asset Turnover 0.59
Inventory Turnover 80.25

Taxes

In the past 12 months, Boyd Gaming has paid $132.88 million in taxes.

Income Tax 132.88M
Effective Tax Rate 17.65%

Stock Price Statistics

The stock price has decreased by -5.58% in the last 52 weeks. The beta is 1.60, so Boyd Gaming's price volatility has been higher than the market average.

Beta (1Y) 1.60
52-Week Price Change -5.58%
50-Day Moving Average 64.27
200-Day Moving Average 63.27
Relative Strength Index (RSI) 45.03
Average Volume (30 Days) 739,000

Short Selling Information

The latest short interest is 3.41 million, so 3.55% of the outstanding shares have been sold short.

Short Interest 3.41M
Short Previous Month 3.85M
Short % of Shares Out 3.55%
Short % of Float 5.07%
Short Ratio (days to cover) 4.33

Income Statement

In the last 12 months, Boyd Gaming had revenue of $3.74 billion and earned $620.02 million in profits. Earnings per share was $6.12.

Revenue 3.74B
Gross Profit 2.02B
Operating Income 901.83M
Pretax Income 752.91M
Net Income 620.02M
EBITDA 1.26B
EBIT 924.15M
Earnings Per Share (EPS) $6.12
Full Income Statement

Balance Sheet

The company has $307.93 million in cash and $3.63 billion in debt, giving a net cash position of -$3.32 billion or -$34.55 per share.

Cash & Cash Equivalents 307.93M
Total Debt 3.63B
Net Cash -3.32B
Net Cash Per Share -$34.55
Equity / Book Value 1.74B
Book Value Per Share 18.16
Working Capital -67.01M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $914.52 million and capital expenditures -$373.95 million, giving a free cash flow of $540.57 million.

Operating Cash Flow 914.52M
Capital Expenditures -373.95M
Free Cash Flow 540.57M
FCF Per Share $5.34
Full Cash Flow Statement

Margins

Gross margin is 53.99%, with operating and profit margins of 24.12% and 16.58%.

Gross Margin 53.99%
Operating Margin 24.12%
Pretax Margin 20.14%
Profit Margin 16.58%
EBITDA Margin 33.70%
EBIT Margin 24.72%
FCF Margin 14.46%

Dividends & Yields

This stock pays an annual dividend of $0.68, which amounts to a dividend yield of 1.07%.

Dividend Per Share $0.68
Dividend Yield 1.07%
Dividend Growth (YoY) 6.56%
Years of Dividend Growth 4
Payout Ratio 11.11%
Buyback Yield 7.00%
Shareholder Yield 8.07%
Earnings Yield 10.15%
FCF Yield 8.85%
Dividend Details

Analyst Forecast

The average price target for Boyd Gaming is $76.60, which is 20.44% higher than the current price. The consensus rating is "Buy".

Price Target $76.60
Price Target Difference 20.44%
Analyst Consensus Buy
Analyst Count 10
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Boyd Gaming has an Altman Z-Score of 2.27 and a Piotroski F-Score of 8. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.27
Piotroski F-Score 8